Gabriel Mihalache
@gp_mihalache
I just wanted to know why there are recessions. 🫤
How to react to having seen a completely vapid, strawman "critique" of Economics as a field and as a profession. Step 1: do not circulate it to your friends on social media. Step 2: Profit! Thank you for your attention to this matter!
👇 Thread on research topics at FRBs. Of course, another angle to consider is what would happen if the FRBs were full of people doing research on right-wing coded topics and causes.
A few years ago, Christina Skinner and I published “Laboratories of Central Banking,” in the Review of Banking and Financial Law. A Mercatus policy brief on the paper is recently making the rounds and garnering some controversy, so I wanted to make a few comments. (Thread)
Since it’s trendy to criticize Economics, here’s my critique: the profession sorely lacks more economists like Villaverde.
The real issue with Ha-Joon Chang’s FT op-ed last week isn’t his economics—it’s the cartoonish caricature of Catholic theology in the Middle Ages, straight out of an outdated high school textbook or a bad History Channel doc. The 12th and 13th centuries were among the most…
Now you come to me and say: 'Don Mihalache, give me justice.' But you don't ask with respect. You don't offer friendship. You don't even think to call me 'Godfather.' Instead you come to my home on the day of my son's cookie snack and ask me to do murder, for money.
Our call volume is high, so don't call us, instead chat with this LLM that doesn't know anything and doesn't understand anything 💩🤡
I don't need to be called out like this 😤
Daily reminder: Neurotic people invent problems for themselves and others.
Reminder! Most real-world regulation doesn't pass basic smell tests.
A hidden fire‑safety rule is quietly adding $1+ million to the price of many new apartment buildings. Crazy part? The gear it mandates has been used exactly once in a real US fire. Let’s unpack this 👇
>app for 'are we dating the same guy' >license and photo user verification >images stored in a public s3 bucket >complete with exif data mossad beeper plot for emotionally vulnerable women
Rule Number One: Do not take a selfie to sign up for a gossip app while working on the flight line at a secret military base.
Photos from this summer's economics conference honoring Nobuhiro Kiyotaki and his immense contributions to the field. The conference coincided with his 70th birthday and was attended by current and former colleagues, teachers, and students. Learn more: bit.ly/46laH9g
Should I move to Atlanta, chat? This track makes me want to move to Atlanta. youtu.be/THcVOf1kNh0?si…
I don't see why anyone would have a problem with an Aegis radar array in Chicago. 🤷♂️ It might be useful to detect and intercept any ballistic missiles launched by the barbarian Canadians to the north.
Arrest Obama for his presidential library design
Textbook chemistry 😍
Absolutely incredible… TRUMP: WELL I WOULD LOVE POWELL TO LOWER INTEREST RATES *slaps him on the back*
The Make Downtowns Great Again plan is proceeding smoothly (?!)
The White House just released a really good executive order on cleaning up America's streets, re-institutionalizing insane people, and ending open air drug abuse and the problems it creates. Here's a quick overview🧵
🎉 Finally out!
Forthcoming in AEJ: Macroeconomics: "Inflation Targeting under Fiscal Fragility" by Aloisio Araujo, Vitor Costa, Paulo Lins, Rafael Santos, and Serge de Valk. aeaweb.org/articles?id=10…
We've strayed so far from God's light
"Don't regress, progress." - Ed Prescott